My style is basically trend following, with some special pattern recognition and money management algorithms.

Systems don't need to be changed. The trick is for a trader to develop a system with which he is compatible.

Good traders trade. Good letter writers write letters.

There are old traders and there are bold traders, but there are very few old, bold traders.

The idea of searching for some secret for trading success misses the point.

Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.

Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and greed. My biggest slip-ups occurred shortly after I got emotionally involved with positions.